Lightwave Logic (LWLG) director receives 13,612 RSU award under 2025 equity plan

Rhea-AI Filing Summary

CONNELLY THOMAS M JR reported acquisition or exercise transactions in this Form 4 filing.

Lightwave Logic, Inc. director Thomas M. Connelly Jr received a grant of 13,612 restricted stock units (RSUs) at no cost under the company’s 2025 Equity Incentive Plan. These RSUs will vest in four quarterly installments beginning on August 31, 2026.

After this compensation-related award, Connelly’s reported direct holdings increased to 90,744 shares of common stock. The transaction reflects routine equity-based compensation rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CONNELLY THOMAS M JR

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,612	$0.00	--

Holdings After Transaction: Common Stock — 90,744 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 13,612 units Grant price: $0.00 per unit Post-transaction holdings: 90,744 shares +2 more

5 metrics

RSUs granted 13,612 units Restricted stock unit grant to director on June 1, 2026

Grant price $0.00 per unit Equity compensation, no cash paid by director

Post-transaction holdings 90,744 shares Common stock directly owned after RSU award

Vesting start date August 31, 2026 First of four quarterly vesting installments

Vesting installments 4 quarterly tranches RSUs vest over four quarters beginning August 31, 2026

Key Terms

restricted stock units (RSUs), 2025 Equity Incentive Plan, vest in four quarterly installments, Common Stock

4 terms

restricted stock units (RSUs) financial

"Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

2025 Equity Incentive Plan financial

"Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan."

vest in four quarterly installments financial

"The RSUs will vest in four quarterly installments beginning on August 31, 2026."

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CONNELLY THOMAS M JR

(Last) (First) (Middle)

369 INVERNESS PARKWAY

SUITE 350

(Street)

ENGLEWOOD COLORADO 80112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lightwave Logic, Inc. [ LWLG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		A		13,612(1)	A	$0.00	90,744	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026.

	/s/ Thomas M. Connelly, Jr.	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Lightwave Logic (LWLG) director Thomas M. Connelly Jr receive in this Form 4?

Thomas M. Connelly Jr received a grant of 13,612 restricted stock units (RSUs) of Lightwave Logic common stock. The grant was awarded at no cost as equity compensation under the company’s 2025 Equity Incentive Plan, rather than through an open-market purchase.

How and when will Thomas M. Connelly Jr’s RSUs in Lightwave Logic (LWLG) vest?

The 13,612 RSUs granted to Thomas M. Connelly Jr will vest in four quarterly installments. The vesting schedule begins on August 31, 2026, meaning portions of the award will settle into shares of common stock over one year from that date.

Did Thomas M. Connelly Jr buy or sell Lightwave Logic (LWLG) shares on the market?

He did not buy or sell shares on the open market. The Form 4 reports an acquisition coded as a grant, meaning the 13,612 RSUs were awarded as compensation at a price of $0.00 per unit under the equity plan.

What are Thomas M. Connelly Jr’s Lightwave Logic (LWLG) holdings after this RSU grant?

Following the RSU grant, Thomas M. Connelly Jr is reported to own 90,744 shares of Lightwave Logic common stock directly. This figure reflects his position after the award and provides context for the relative size of the compensation grant.

What plan governs the RSU award reported for Lightwave Logic (LWLG)?

The 13,612 RSU award to Thomas M. Connelly Jr was granted under Lightwave Logic’s 2025 Equity Incentive Plan. This plan allows the company to issue stock-based compensation such as RSUs, aligning director and shareholder interests over a multi-year vesting period.